Murphy & Spitz Green Capital AG

What Murphy & Spitz Green Capital AG does

Murphy & Spitz Green Capital AG is a Bonn, Germany-based holding company whose operating subsidiary, Murphy&Spitz Nachhaltige Vermögensverwaltung AG, has specialized exclusively in sustainable asset management since 1999. The group serves individual retail investors in Germany and the broader SEPA zone through two complementary vehicles: (i) proprietary sustainable funds (notably the Murphy&Spitz Umweltfonds Deutschland equity fund and the Article 9-classified Murphy&Spitz Green Bond Fund), and (ii) the greencapital digital wealth management platform launched in 2023, which offers five modular risk-tiered strategies (GreenSecur through GreenChance) with no minimum investment and savings plans from €25/month. The firm is BaFin-licensed under §15 WpIG, UN PRI-signatory, and applies a proprietary sustainability framework covering nine positive sectors (renewable energy, energy efficiency, sustainable mobility, health, agriculture/food, education, water, eco-building, and circular economy) alongside defined exclusion criteria. Customers onboard through a guided online investment assistant hosted by United Signals and execute transactions through a depot at DAB BNP Paribas, with KYC handled via Video-Ident.

The business model is asset-based: greencapital charges a 0.7% all-in annual management fee (inclusive of VAT) on managed portfolio value, plus a 20% performance fee (23.8% inclusive of VAT) on returns exceeding an 8% hurdle, with losses carried forward. DAB BNP custody and transaction fees are passed through to clients. Customer acquisition is omnichannel and low-cost — content marketing, webinars, SEO, social media (Instagram, Facebook, LinkedIn), referral/gift programs, and a physical presence at German sustainability fairs — targeting environmentally-conscious retail investors seeking professionally managed sustainable exposure without greenwashing. The parent company's shares trade on the Freiverkehr (OTC) market of the Düsseldorf Stock Exchange under ticker dus:6MP, with leadership concentrated in co-founder and CEO Andrew Murphy, who also serves as fund manager and has been consecutively recognized by the Handelsblatt Research Institute as TOP Fondsmanager from 2020-2022.

Name

Murphy & Spitz Green Capital AG

Legal name

Murphy&Spitz Nachhaltige Vermögensverwaltung AG

Website

https://greencapital.de

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

Murphy & Spitz Green Capital AG (operating as greencapital) is a Bonn-based German holding company running a BaFin-regulated, sustainable-only wealth management platform serving retail investors in Germany and the SEPA zone with five risk-tiered strategies from €25/month.

Ownership category

akta.pro rank

Product category

Sustainable Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (52591), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)

akta.pro secondary industries

Green, Social & Sustainability Bonds (GSS/SLB Fixed Income Strategies) (FSAAALAF), Renewables & Energy Transition Funds (Solar, Wind, Hydrogen, CCUS) (FSANAEAD)

Keywords

• Sustainable wealth management
• ESG investment platform
• Digital asset management
• Ethical investing services
• Green bond funds

Headquarters

HQ city

Bonn

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Asset Under Management (AUM) Fees: Murphy&Spitz charges a flat 0.7% per year (inclusive of VAT) on the managed portfolio value. This is the primary revenue stream.
2. Performance / Gain Participation Fee: For returns exceeding 8% over the relevant period, Murphy&Spitz receives a performance fee of 20% plus VAT (23.8% inclusive). Losses are carried forward. This creates an incentive alignment with client outcomes.
3. Depot Bank Revenue Share: DAB BNP Paribas serves as the depot bank and charges custody and transaction fees. DAB charges 0.30% on portfolios up to €50,000, and approximately 0.36% plus setup costs for larger portfolios. This is a pass-through cost to clients, not directly revenue for Murphy&Spitz.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

greencapital, the digital offering of Murphy&Spitz Nachhaltige Vermögensverwaltung AG, provides actively managed sustainable wealth management to individual retail investors in the SEPA zone through five risk-tiered strategies (GreenSecur, GreenProtect, GreenBalance, GreenStep, GreenChance) that invest in stocks, bonds, and green bonds of companies across nine defined sustainable sectors. All investments are filtered through proprietary positive criteria and negative exclusion lists covering nuclear energy, fossil fuels, weapons, and other non-sustainable sectors, and the firm commits to active engagement and proxy voting. No ETFs or passive index funds are used, and there is no minimum investment, with monthly savings plans starting at €25.

Differentiator

Problem solved

Functional benefit

Brands

• greencapital: Digital sustainable wealth management platform offering online investment services with five investment strategies (GreenSecur, GreenProtect, GreenBalance, GreenStep, GreenChance)

Products and services

• greencapital Digital Sustainable Wealth Management Platform Direct-to-consumer digital platform that delivers actively managed sustainable portfolios to retail investors across the SEPA zone, combining a self-service online investment assistant, BaFin-compliant Video-Ident onboarding, DAB BNP Paribas custody, and continuous active management guided by proprietary ESG research.
• GreenSecur Strategy (100% Bonds) Conservative strategy that invests 100% of the managed portfolio in sustainable bonds, applying the firm's positive sustainability criteria and exclusion lists; designed for risk-averse investors prioritizing capital preservation with a sustainability mandate.
• GreenProtect Strategy (75% Bonds / 25% Equities) Defensive balanced strategy allocating approximately 75% to sustainable bonds and 25% to sustainable equities, for clients with low-to-moderate risk tolerance who want modest equity participation alongside a sustainable mandate.
• GreenBalance Strategy (50% Bonds / 50% Equities) Balanced strategy that allocates evenly between sustainable bonds and sustainable equities, targeting moderate long-term growth with a 50/50 risk profile under the firm's sustainability framework.
• GreenStep Strategy (25% Bonds / 75% Equities) Growth-oriented sustainable strategy allocating roughly 75% to equities and 25% to bonds, aimed at investors with higher risk tolerance seeking greater equity exposure within the 100% sustainability mandate.
• GreenChance Strategy (100% Equities) Aggressive sustainable equity strategy that invests 100% of the portfolio in sustainable stocks across the firm's nine defined sustainable sectors, for investors comfortable with full equity exposure and elevated short-term volatility.
• Murphy&Spitz Umweltfonds Deutschland Actively managed German sustainable equity fund investing in companies whose products and services contribute to environmental sustainability. Achieved an average annual return of +10.3% over the three-year period ending August 2022, placing it at the top of its 'Aktienfonds Deutschland' peer group. Awarded an ECOreporter sustainability rating of 1.5 ('Sehr anspruchsvoll') in August 2024 and named Andrew Murphy a Handelsblatt TOP Fondsmanager three consecutive years.
• Murphy&Spitz Green Bond Fund Actively managed bond fund investing in sustainable and green bonds, with a particular focus on small and medium-sized issuers. Qualifies as an Article 9 fund under the EU Sustainable Finance Disclosure Regulation (SFDR), representing the highest EU sustainability standard. Awarded an ECOreporter sustainability rating of 1.8 in August 2024 and described as a 'very green bond fund focused on small and medium-sized companies' ranking among the most sustainable funds ECOreporter has tested.

Quantifiable outcome

• +10.3% average annual return over 3 years (Murphy&Spitz Umweltfonds Deutschland, Sep 2019–Aug 2022)
• +4 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• DAB BNP ParibascoreTechnology or IntegrationDAB BNP Paribas serves as the depot bank and custodian for all greencapital client assets. Clients open a securities depot with DAB, through which all investment transactions are executed and holdings are held in custody. DAB handles SEPA direct debits for savings plans, transaction settlement, and provides the technical infrastructure for depot operations. This is a critical operational partnership enabling the digital wealth management service.
• United SignalscoreTechnology or IntegrationUnited Signals provides the digital onboarding infrastructure for greencapital's customer registration and investment assistant process. The onboarding flow (onboarding-dab-murphyspitz.united-signals.com) is hosted on United Signals' platform, handling the guided strategy selection, contract initiation, and client data collection steps.
• UN Principles for Responsible Investment (UN PRI)coreOthersMurphy&Spitz is a signatory to the UN PRI, committing to incorporating ESG factors into investment practices and ownership policies. This signifies adherence to global responsible investment principles.
• ECOreporterminorOthersECOreporter, the German trade publication for sustainable investments, independently rates Murphy&Spitz's funds (Umweltfonds Deutschland and Green Bond Fund) on sustainability criteria, awarding them top ratings (1.5 and 1.8 respectively).
• Scope Fund RatingsminorOthersScope rating agency provides fund ratings for Murphy&Spitz funds. A Top-50 placement in Scope's segment over the past 3 years was a prerequisite for the Handelsblatt TOP Fondsmanager 2022 award.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/greencapital.de
• LinkedInde.linkedin.com/showcase/greencapital-by-murphy-spitz
• Instagraminstagram.com/greencapital.de

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Murphy & Spitz Green Capital AG